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Fly News Breaks for February 28, 2019
LSCC
Feb 28, 2019 | 09:22 EDT
As previously reported, Rosenblatt analyst Hans Mosesmann started coverage of Lattice Semiconductor with a Buy rating and a $14.50, as a play on FPGA share gains and key growth vectors in data center/edge compute, 5G base stations, and secular dollar content expansion in industrial/automotive markets. The analyst notes that Lattice's new CEO Jim Anderson has assembled an Ateam of FPGA executives, which is indicative of an aggressive posture in capturing market share and delivering sustainable financial growth metrics that have been elusive for the company for many years due to mismanagement.
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